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PUNJAB GRAMIN BANK
'One state-one RRB' to be effective from May 1 as FinMin approves consolidation of 15 regional rural banksThe finance ministry is set to consolidate 15 Regional Rural Banks across 11 states starting next month, aiming for enhanced operational ef...- India proposes merging regional rural banks to help them shore up capital, document showsIndia's government has put forward a proposal to consolidate the country's regional rural banks from 43 down to 28. This move aims to bolst...
- Bharat Bandh announced: Are banks closed today?Bharat Bandh on February 16: Samyukat Kisna and the Kisan Mazdoor Morcha have unitedly called for a Bharat Bandh on February 16, 2024 Let u...
- Google Pay rolls out Aadhaar-based authentication for UPI activationOn Google Pay, users have the option to select between Debit card or Aadhaar based UPI onboarding. If they select Aadhaar, then users will ...
- Better financial health of RRBs prompts sponsor banks to explore listing themRegional Rural Banks (RRBs), once considered laggards in the banking ecosystem, are slowly coming into their own. For the first time, banks...
- Assam Gramin Vikash Bank posting net profit after a gap of 5 yearsThe Bank posted an Operating profit of Rs148.99 lakh with net profit of Rs.1.61 lakh in 2021-22.
- Difficulty in identification of borrowers and delay by PSBs led to poor performance of rural poor to the scheme, the rural development ministry said.“Total subsidy disbursed under the scheme till January 14, 2021 is Rs 12.20 crore as against the initial allocation of Rs 48.54 crore for t...
- SVAMITVA scheme to be milestone in direction of 'gramin swaraj': Amit ShahThe prime minister on Sunday launched the physical distribution of the property cards under the Survey of Villages and Mapping with Improvi...
- Merger of regional rural banks within same state likelyAt present, the Centre holds 50% stake in RRBs, while 35% and 15% are with the sponsor banks and state governments, respectively.
- Finance Ministry wants PSU banks to bring down government equity to 52%Recently, the Centre has amalgamated three RRBs -- Punjab Gramin Bank, Malwa Gramin Bank and Sutlej Gramin Bank -- into a single RRB with e...
- MCA scanner on banks lending to deregistered companiesEarlier this month, the government said these 5,820 companies had deposited Rs 4,573 crore post demonetisation in banks and withdrew Rs 4,5...
- CCI probes RRBs’ merger promoted by Syndicate Bank, PNB for possible breach of normsThe case is being examined under the combination provision of the Competition Act 2002, the official said, requesting anonymity.
- CAG not OK with Gurgaon Gramin Bank merger planCVC has lodged a complaint by Gurgaon Gramin Bank Workers Organization, which had alleged mala fide intention behind amalgamation bypassing...
- Punjab starts ranking banks on priority lendingHDFC Bank has grabbed the top position in a priority sector lending rating introduced by the Punjab government.
- Rural bank cross-merger on cardsThe exercise will be done through a process of amalgamation where two or more entities will be joined together to create a new and bigger b...
- Regional Rural Banks' count will reduce to 46 as government starts consolidationThe government has kicked off a major consolidation exercise among regional rural banks, which play an intense role in the country's scheme...
- Infosys Finacle bags 20 deals from RRBsInfosys' product division has received orders from 20 Regional Rural Banks (RRBs) for implementation of CBS. Login blues? You may have hack...
- RRBs embrace core banking solutionsIn step with RBI's direction to implement 100% core banking solutions (CBS) by September 2011, United Bank of India (UBI)-sponsored regiona...
- PNB amalgamates regional rural banks in UPAs a part of the government's policy to amalgamate all regional rural banks sponsored by a public sector lender in a state, city-based Punj...
- Assam govt signs MoU with PNB and AGVBAssam government signs the Memorandum of Understanding to facilitate housing loans at concessional rates to its regular employees.
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